| Change Details | |
|---|---|
| Title | Fortem Capital Limited |
| Type | Mergers |
| Companies Impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Effective Date | 15 May 2025 |
| 1. Fund details | |
| Companies impacted | Quilter Life & Pensions Limited Quilter Investment Platform Limited |
| Fund Group | Fortem Capital Limited |
| Fund Name | Fortem Capital US Equity Income |
| Type of change | Fund Merger (UCITS Transfer) |
| Date merger effective from | 15 May 2025 |
| Date fund suspended | 14 May 2025 |
| Deadline for investors to switch out if appropriate | 16:00 pm on 13 May 2025 |
| Is the event subject to shareholder approval? | Yes - Approved |
| 2. Fund details | |
| Current Fund | New Fund |
| Fortem Capital US Equity Income (a sub-fund of SKYLINE Umbrella Fund ICAV) | Fortem Capital US Equity Income (a sub-fund of Fortem Global Investment Funds PLC) |
| 3. Merger details | |
| Will the phasing option automatically continue? | Yes |
| Will the rebalancing option automatically continue? | Yes |
| Will ongoing direct debit payments automatically be redirected into the new fund? | Yes |
| 4. Investment objectives | |
| Previous objective | To provide investors with a total return, taking into account both capital and income returns, and which reflects the total return of the S&P 500 Index. The fund aims to track the performance of the Index. The Index is comprised of US large capitalisation equities and includes 500 leading companies and covers approxaimately 80% of available market capitalisation. |
| New objective | same as Merging fund |
| 5. Charging structure | |
| Unbundled Fund | |
| Previous AMC | 0.40% |
| New AMC | 0.40% |
| Previous TER | 0.60% |
| New TER | 0.60% |